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  Government cancels bids of Jindal Steel, Balco for 4 coal blocks

  India | Mar 21, 2015, 08:30 PM IST

  New Delhi: The government has cancelled bids of Jindal Steel and Power and BALCO for four coal blocks amid speculation of cartelisation and said it will take a final decision on these mines after deliberations.

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  Coal auction to raise Rs1.47 lakh crore boost jobs: Vedanta Chief

  Feb 23, 2015, 07:00 PM IST

  New Delhi:  Coal block auctions will fetch a whopping Rs 1.47 lakh crore and boost job creation, mining baron Anil Agarwal, who heads Vedanta Resources, said on Monday."Coal auction will earn Rs 1.47 lakh crore